About The Merchandise Building - 155 dalhousie street, toronto, ontario

The combined Merchandise Lofts at 135/155 Dalhousie Street represent the largest loft building conversion undertaken to date in the country. Its history dates to 1910 when the smaller part of the massive structure was built originally to house the Simpsons delivery business. By 1949 it had grown to its current size, the massive ‘Chicago School style’ behemoth that today houses more than 500 units and a wealth of amenity offerings in the heart of the downtown core.

Hard lofts in this enormous building range in size from 487 up to 2618 square feet. 12-foot ceilings with exposed ductwork polished concrete floors and mushroomed concrete pillars are evidence of the buildings original roots, though open plans and modern finishes (some suites even include gas fireplaces) lit by massive windows provide a feeling of spaciousness even in the smaller layouts.

Turnaround is quick at the Merchandise Building despite regular offerings, a direct result of location and the unparalleled amenities offered here. Taking up basically a full city block, the building is virtually a community unto itself. Beyond the grocery store that lives within the walls on the ground floor, residents benefit from in-house lap pool, sauna, gym, rooftop deck, half basketball court, business centre, games room, and yoga studio. With a list like that, there’s little reason to ever leave your supremely located downtown home.


What We : If you find the huge population at 155 overwhelming, you might enjoy Merchandise Loft’s little brother at 135 Dalhousie. You’ll have to go outside to use the facilities at 155, but the foot traffic is minimal comparatively. Plus top floor units have skylights! In either case, facilities are expansive, in keeping with the size, and there’s something particularly awesome about having groceries IN the building. There’s even a dog run on the roof, around the corner from the glassed-in pool.


What We Don’t: Given how close the building is to Ryerson, there are more than a few students living here…which is fine, but it can feel a little like a university residence at busy times. There are no real outdoor spaces; don’t be fooled by units listing a balcony – they open onto interior “courtyards.”


Looking to buy a loft at Merchandise Lofts? If you don’t see any available for sale below, contact us to set up a custom loft search straight from the MLS. Never miss a loft for sale at Merchandise Lofts again!



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The Facts

Address: 135-155 Dalhousie Street

Developer: Cresford Developments

Year Built: March 1999

Number of Storeys: 11

Number of Lofts: 397

Size Range of Lofts: 553 - 2487


  • 24-hour concierge
  • Party room with fireplace and kitchen
  • Exercise room and steam baths
  • Landscaped rooftop terrace with gas BBQ and sundeck
  • Lap pool
  • Partial basketball court, climbing wall
  • Billards room


  2020 2021 2022 2023
Average Price $807,460 $822,399 $918,700 $849,191
Price: Low-High $485,000-$1,700,000 $530,000-$1,935,000 $550,000-$1,455,000 $525,800-$1,517,000
Average Days on Market 21 22 19 27
Total Sales 25 30 20 14

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